Guide on CIMB Online Cash Loan Offer Application Process
CIMB ONLINE CASH LOAN – You can check the guide below on the online process in applying for the Personal Loan offer of the CIMB Bank.
If you’re seeking an online bank cash loan, you might want to explore CIMB Bank’s well-regarded and reputable personal loan offer. This fully digital loan option enables you to apply conveniently, without having to interrupt your daily activities or commute to a physical location.
Whether you’re at home, work, or any other location, you can easily avail yourself of this cash loan offer. Take a moment to review the eligibility requirements and essential documents for CIMB’s cash loan offer, which are provided below.
To qualify in applying for the loan offer, you must be:
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- a Filipino citizen and a non-US resident
- having a Philippine mailing address and an active Philippine mobile number
- earning at least P15,000.00 gross monthly income
- if employed, the borrower “must be tenured for at least 6 months, or 1 year of continuous employment, unless employed in the top 15,000 corporations”; or
- if self-employed, the borrower must be operating a business for at least a year already
Do you want to check how much you may borrow under this loan offer? Feel free to visit — CIMB Personal Cash Loan: Here’s the Minimum & Maximum Loanable Amounts.
The processes in applying for the loan offer are all digital. Here are the steps to apply for the CIMB Online Cash Loan offer:
Step 1 — Download the all-new CIMB Bank PH app and select “Open an account” and then “Personal Loan”.
Step 2 — Prepare your valid ID and click “Let’s Start!” to proceed.
Step 3 — Select your desired loan amount.
Step 4 — Provide your Philippine mobile number and email address and verify your mobile number via SMS OTP.
Step 5 — Create your username, password, and your MPIN to verify in-app transactions.
Step 6 — Get verified by going through the selfie check steps. Please prepare one of the valid IDs.
Step 7 — After passing the selfie check, make sure your personal information is correct and complete.
Step 8 — Provide your Philippine present address and make sure it’s complete and verifiable.
Step 9 — Provide the additional personal details required.
Step 10 — Provide your employment information.
Step 11 — Lastly, key in your office address and make sure it’s complete and verifiable.
Step 12 — Review your loan application and check if all the details are correct, then tap ‘Submit’.
Step 13 — Upload at least one (1) of the acceptable income document types.
Step 14 — Provide a front and back photo of your company ID (optional). Doing so might speed up the review of your loan application.
Step 15 — Select your preferred disbursement account.
Step 16 — After submitting all the required documents, your application will now be viewed by the bank team.
Step 17 — If your loan is approved, please make sure to accept the loan offer before it expires.
Step 18 — After accepting your loan offer, your loan will be disbursed to your chosen disbursement account.
Before applying for the loan, it is important to prepare the documents needed in applying for the offer. To check on these documentary requirements, kindly visit — Requirements for CIMB Cash Loan – Here’s What You Need To Prepare for Online Application.
To apply for the loan offer, you may visit – CIMB Bank.
